login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

How do I ensure that the Transfer Deed is complete before sending it to the Company?

mahindra-finance-author

by Mahindra Finance

|

July 21, 2023

|

1 mins read

When the Transfer Deed with the filled in transferor’s details comes to you, please ensure that the requisite details such as folio number, certificate number, and distinctive number, name of the holder, name and address of witnesses are filled in. Please also ensure that the Transfer Deed is signed by the transferor(s) (signatures of all holders in case of joint holding) and the witness and is accompanied by the self attested copies of PAN Card of both, the transferor and the transferee.

Please note that attestation of transferor’s signature by a Manager of a nationalized bank is necessary where the transferor holds a savings account, however there will be rejection for transfer on account of signature mismatch despite of attestation being done.

Please fill in all the columns of the transfer deed, sign as transferee at appropriate places and arrange for payment of stamp duty at 0.25% of the market value on the date of execution of the transfer deed. Please ensure that the transfer deed is duly filled in and executed as explained, to avoid any discrepancy/objection on lodgement.

Related articles

How To Maximise Your Savings This Durga Puja With Mahindra Finance’s Fixed Deposits

Durga Puja is not only a time for celebration but also an ideal opportunity to give your savings a boost. With the right investment strategy, you can maximise your returns and secure your financial fu...

KNOW MORE

October 10, 2024

How To Leverage Your Fixed Deposit With A Loan Against FD

During financial emergencies, many people often find themselves in need of immediate funds. While personal loans are a common option, a loan against a fixed deposit (FD) can offer several advantages. ...

KNOW MORE

May 23, 2024

Factors That Influence Fixed Deposit Interest Rates

When it comes to investing your hard-earned money, Fixed Deposits (FDs) are a popular choice among Indians. FDs offer the security of guaranteed returns over a fixed tenure, making them an attractive ...

KNOW MORE

February 23, 2024